Submitted by [deleted] t3_10n91jb in technology
daviEnnis t1_j68x992 wrote
Reply to comment by occipixel_lobe in AmazonSmile closes: Charities say they will suffer by [deleted]
How does it avoid taxes?
[deleted] OP t1_j694uud wrote
[removed]
occipixel_lobe t1_j69fuuu wrote
The Amazon Smile foundation gets to write donations off on taxes - NOT
you. So... who do you think owns the Amazon Smile foundation??
Here: https://www.goodwillsemi.org/shop/the-benefits-of-using-amazon-smile-when-making-purchases/
BudgetUncle t1_j69lsqa wrote
Why would the customer get a write off? They aren’t making a donation. They pay the same price on Smile or not, and the price of for the item they are buying.
Why should Amazon not get to write it off (under current tax law)? They are making a donation.
daviEnnis t1_j6a3z4y wrote
How does it avoid taxes though? They still turn out with less money than they otherwise would, if not for that charitable donation.
They lose money on smile, which is also why they're cancelling it.
JenniferJuniper6 t1_j6byuw6 wrote
Because they’re making the donation, not you. You don’t contribute anything to Amazon Smile. The price is the same whether you make it on Smile or not. Why would you get a deduction? And honestly, most of us are not generating enough donations to even beat the standard deduction, so we wouldn’t get a deduction anyway.
xal1124 t1_j6gpqx5 wrote
Why do you keep reposting this incorrect reply?
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